-- Posted Friday, 18 January 2013 | | Disqus
Please Note: US Markets are closed on Monday in observance of Martin Luther King Jr. Day.
| Close | Gain/Loss | On Week |
Gold | $1684.10 | -$2.80 | +1.26% |
Silver | $31.84 | +$0.15 | +4.50% |
XAU | 161.33 | -0.12% | -1.24% |
HUI | 429.85 | +0.18% | -0.74% |
GDM | 1254.02 | +0.09% | -0.60% |
JSE Gold | 2268.25 | +43.68 | +2.37% |
USD | 80.03 | +0.37 | +0.58% |
Euro | 133.17 | -0.56 | -0.16% |
Yen | 111.02 | -0.31 | -0.96% |
Oil | $95.56 | +$0.07 | +2.14% |
10-Year | 1.843% | -0.032 | -1.71% |
Bond | 145.84375 | +0.65625 | +0.39% |
Dow | 13649.70 | +0.39% | +1.20% |
Nasdaq | 3134.71 | -0.04% | +0.29% |
S&P | 1485.98 | +0.34% | +0.95% |
The Metals:
Gold climbed $8.30 to $1695.20 by a little before 9AM EST, but it then chopped back lower for most of the rest of trade and ended near its late session low of $1683.63 with a loss of 0.17%. Silver surged to as high as $32.111 before it also fell back off, but it still ended with a gain of 0.47%.
Euro gold rose to about €1264, platinum lost $25.50 to $1663, and copper climbed a couple of cents to about $3.68.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
Michigan Sentiment | Jan | 71.3 | 75.0 | 72.9 |
All of this week’s other economic reports:
NAHB Housing Market Index - January | 47 v. 47 |
Next week’s economic highlights include Existing Home Sales on Tuesday, the FHFA Housing Price Index on Wednesday, Initial Jobless Claims and Leading Economic Indicators on Thursday, and New Home Sales on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly higher on signs of stronger than expected demand out of China.
The U.S. dollar index rose as the yen fell ahead of next week’s monetary policy action from the Bank of Japan.
Treasuries rose as the Dow, Nasdaq, and S&P traded mixed on varied earnings reports.
Among the big names making news in the market Friday were GE, Morgan Stanley, Clearwire, and Intel.
GATA Posts:
Bring monetary metal to GATA's fundraising reception in Vancouver on Monday
GATA board member Adrian Douglas dies
Bank of Japan may pledge open-ended asset buying
The Statistics:
Activity from: 1/17/2013
Gold Warehouse Stocks: | 10,906,994.506 | - |
Silver Warehouse Stocks: | 152,093,941.518 | +90,995.50 |
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
| Product name | Total Tonnes | Total Ounces | Total Value |
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) | SPDR® Gold Shares | 1332.609 | 42,844,716 | US$72,324m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 137.98 | 4,436,324 | US$7,494m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 158.16 | 5,085,022 | US$8,292m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$606m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.45 | 1,364,715 | US$2,214m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.807 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 219.58: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,734.99: No change from yesterday’s data.
The Miners:
Aurizon’s (AZK) special committee, Eurasian’s (EMXX) drill results, Allied Nevada’s (ANV) COO appointment and fourth quarter results, Timberline’s (TLR) Board of Directors appointment, AuRico’s (AUQ) fourth quarter results, and Huldra Silver’s (HDA.V) concentrate update were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Gold Reserve | GRZ +4.69% $2.90 |
2. Nevsun | NSU +4.00% $4.68 |
3. Exeter | XRA +2.96% $1.39 |
LOSERS
1. Golden Minerals | AUMN-8.89% $4.20 |
2. Allied Nevada | ANV -5.26% $25.39 |
3. Banro | BAA -4.05% $2.84 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- Chris Mullen, Gold Seeker Report
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-- Posted Friday, 18 January 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Gain About 1% and 5% on the Week
